Four months after announcing his organization’s intentions to merge with be.group, ABHOW President and CEO David Ferguson offers some advice for colleagues on the nonprofit side of senior living...
CEO shares Hurricane Katrina memories, lessons
By
Lois A. Bowers
Aug 27, 2015
United Methodist Retirement Communities President and CEO John Thorhauer experienced Hurricane Katrina firsthand. Ten years later, he shares how the storm continues to affect his personal and professional...
New law ‘ensures future viability’ of CCRCs, provider and resident groups say
By
Lois A. Bowers
Jun 28, 2023
A bill signed into law Monday by Gov. Ron DeSantis (R) will help ensure the future viability and financial strength of the continuing care retirement / life plan community model in Florida, according to...
CCRC outlook not getting worse but also not improving much, Fitch says
By
Kathleen Steele Gaivin
Jan 19, 2024
Fitch Ratings’ outlook for continuing care retirement / life plan communities is “deteriorating,” according to the company’s senior director and sector lead for life plan communities, Margaret...
Court rules in favor of CCRC in class action entrance fee case alleging consumer fraud
By
Kimberly Bonvissuto
Jan 16, 2024
A provision in state law cited in a class action lawsuit against a continuing care retirement community only applies to food-related fraud and, therefore, cannot be used by residents and families to secure...
Study: On balance, minimum wage increase could be good for operators
By
Lois A. Bowers
Sep 21, 2017
The effects of a minimum wage increase on assisted living and continuing care retirement communities, and their workers, are multifaceted. On balance, however, such an increase would have a relatively...
NAHB names winners for 2017 Best of 55+ Housing Awards
By
Lois A. Bowers
Jan 16, 2017
Independent living, assisted living and continuing care retirement / life plan communities were among those 55+ housing types recognized at the National Association of Home Builders’ 2017 Best of...
Opportunities await beyond near-term challenges
By
Lois A. Bowers
Sep 11, 2019
Recent news is enough to cause any operator, developer or investor to reach for the aspirin. A look at data from the National Investment Center for Seniors Housing & Care, as well as discussions with experts...
Survey suggests challenges with life plan community name, despite industry support
By
Lois A. Bowers
Aug 12, 2019
Almost four years after LeadingAge and Mather LifeWays introduced “life plan community” as an alternative name for “continuing care retirement community,” more education may be needed for prospective...
Proposed law would require CCRCs to return entrance fees within a year
By
Kathleen Steele Gaivin
Apr 07, 2022
Continuing care retirement communities would be required to return refundable entrance fees to former residents or their estates within a year of the unit being vacated, under legislation introduced in...